Global Entrepreneurship And Intrapreneurship

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Questions Bank

Introduction
International Trade and Foreign Direct Investment
Culture and Business
World Economies
Global and Regional Economic Cooperation and Integration
International Monetary System
Foreign Exchange and the Global Capital Markets
International Expansion and Global Market Opportunity Assessment
Exporting,Importing,and Global Sourcing
Strategy and International Business
Global Entrepreneurship and Intrapreneurship
Winning Through Effective,global Talent Management
Harnessing the Engine of Global Innovation
Competing Effectively Through Global Marketing,Distribution,and Supply-Chain Management
Understanding the Roles of Finance and Accounting in Global Competitive Advantage

All Questions

Question 1

Free

True/False

Entrepreneurs are the same as people who purchase a small business in terms of the methodology,new product development,and the choice of markets.

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Question 2

Free

True/False

A local dry cleaner has been through four different owners and provides dry cleaning facilities to customers in a particular locality.The current owner would be considered an entrepreneur.

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Question 3

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True/False

Employees in a mid-size company rely on innovation and speed to a much greater extent than entrepreneurs.

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Question 4

Free

True/False

A newly founded company that develops a revolutionary new way to do a particular activity and seeks to expand that new method nationally and internationally would be considered entrepreneurial.

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Question 5

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True/False

Jeffry Timmons-one of the early leaders in entrepreneurship education-considered the opinion that entrepreneurs are born and not made,a myth.

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Question 6

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The biggest difference in moving from corporate life to entrepreneurship is that entrepreneurs do not have a buffer between a mistake and total failure.

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Question 7

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Entrepreneurs only launch commercial ventures,which sell products or services for a profit.

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Question 8

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Social entrepreneurs apply similar tools and skill sets as other entrepreneurs.

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Question 9

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Opportunity identification does not form a part of the entrepreneurial process.

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Question 10

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A disruptive technology is a technology that can make prior technologies obsolete.

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Question 11

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The executive summary highlights how the business operates on a day-to-day basis.

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Question 12

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Adam Smith,social philosopher and economist,argued that the free-enterprise economic system encourages entrepreneurship because it permits individuals freedom to create and produce.

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Question 13

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In order to operate effectively,businesses need to know that contracts are binding,that their property and intellectual property rights are protected,and that there is a fair system for handling disputes.

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Question 14

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Early adopters are those consumers who generally wait for others to buy a new technology before they make use of it.

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Question 15

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Culture plays an insignificant role in deciding whether the condition in a particular country is conducive to entrepreneurship.

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Question 16

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A born-global firm is a business organization that seeks to derive significant competitive advantage from the use of resources and the sale of outputs in multiple countries.

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Question 17

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A common characteristic of born-global firms is that their offerings complement the products or capabilities of other global players.

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Question 18

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Born-global firms follow the traditional pattern of businesses that operate in the home country for many years and gradually evolve into international trade.

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Question 19

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The distinguishing feature of born-global firms is that their origins are international,as demonstrated by management's global focus and the commitment of certain types of resources to international activities.

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Question 20

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There are two phases of a global start-up assessment,which consists of deciding whether a firm should become a global start-up and what the firm needs to do to make that happen.

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